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Past version: effective up to Jun 30 2007.
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Once the insurance firmG believes that it has discharged all its remaining contractual obligations to policyholdersG , it must publish a notice in two national newspapers in Bahrain approved by the BMA (one being in English and one in Arabic), stating that is has settled all its dues and wishes to leave the market. If the insurance firmG had entered into direct contracts of insurance relating to risks situated in a jurisdiction other than Bahrain, a notice must also be published in two national newspapers in the jurisdiction concerned.

(1 Version)
Up to Jun 30 2007
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